U.S. Government Shutdown Is Unlikely to Cause an Immediate Recession
Posted inConsumer Confidence (Economic Indicator) Government Bonds Government Employees Gross Domestic Product Inflation (Economics) Organized Labor Recession and Depression Shutdowns (Institutional) Strikes United States Economy United States Politics and Government

U.S. Government Shutdown Is Unlikely to Cause an Immediate Recession

White House and Wall Street estimates suggested the economy could withstand a brief shutdown, with risks mounting the longer it lasts.
Federal Reserve Officials See Rates Staying High
Posted inCoronavirus (2019-nCoV) Federal Reserve System Government Bonds Inflation (Economics) Interest Rates National Debt (US) Powell, Jerome H Real Estate and Housing (Residential) Tax Cuts and Jobs Act (2017) United States United States Economy

Federal Reserve Officials See Rates Staying High

Federal Reserve officials forecast higher interest rates through 2026 this week, a sign that borrowing costs are not heading back to the rock-bottom levels normal before the pandemic.
Can Ghana’s Debt Trap of Crisis and Bailouts Be Stopped?
Posted inBanking and Financial Institutions Economic Conditions and Trends Ghana Government Bonds Infrastructure (Public Works) International Monetary Fund International Relations International Trade and World Market Layoffs and Job Reductions Politics and Government

Can Ghana’s Debt Trap of Crisis and Bailouts Be Stopped?

The government of Ghana is essentially bankrupt, and has turned to the International Monetary Fund for its 17th financial rescue since 1957.
At Jackson Hole, Powell Faces a Changed Economy and Market
Posted inBanking and Financial Institutions Economic Conditions and Trends Federal Reserve Bank of Kansas City Federal Reserve System Government Bonds Inflation (Economics) Interest Rates Labor and Jobs Powell, Jerome H United States Economy

At Jackson Hole, Powell Faces a Changed Economy and Market

Jerome Powell, the Federal Reserve chair, warned in 2022 that the central bank might hurt the economy to cool inflation. This year, things look less dire.